EV Charging
“Even when a site’s unused capacity is incredibly constrained, it can still be optimised to signifi cantly increase charging capacity by using AI-powered predictive load balancing.”
increase charging capacity by using AI-powered predictive load balancing that leverages historical data to calculate an energy consumption forecast of the EVs on the site, and schedules charging accordingly. By utilising intelligent charging management solutions, property managers can make EV charging accessible even in the most challenging scenarios.
Load management
Maximising the number of chargers based on a site’s existing capacity also leads to signifi cant savings in capital and operational expenditure. There is no need to spend money on costly grid upgrades to make use of existing capacity, and there’s a lot of money to be saved on installation by utilising fl at cable systems, as long as your charging platform supports it. Flat cable systems signifi cantly lower the labour time and material cost, reducing upfront costs by up to 30%, removing a major hurdle for most high-density buildings, and helps start projects sooner too. Upfront costs can be high for large projects, and the revenue stream that comes back is spread over many years. For projects that require signifi cant fi nancing, reducing the initial costs minimises debt that is subject to interest rate fl uctuations, which further reduces overall costs.
Installing chargers can provide a new revenue stream for building or site owners too. By using predictive load balancing, the system determines
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Making a building that’s fi t for the future Managing available load across a building makes it easier for sites to increase their charging capacity in the future. Adding new chargers doesn’t necessarily require new grid capacity, and additional chargers won’t overload the system. Using a smart charging management solution that is hardware agnostic means that decision-makers can choose from a range of charge points. This makes managing and meeting diff erent stakeholders’ needs much easier. Ensuring compatibility with legacy chargers reduces the expense of ripping out and replacing old ones. And stakeholders that don’t want EV chargers now can change their minds in the future as EV adoption continues
the optimal charging schedule to make the most out of the available capacity as well as ensuring cost-effi cient charging by leveraging off -peak energy rates. This reduces the charging costs for drivers by up to 60% while increasing the potential revenue margin for buildings. By using a smart charging platform, building owners can maximise the new revenue stream coming from their chargers.
to grow.
Dynamic load balancing across a building also allows energy to be managed across future low-carbon energy assets as they become more popular. Assets like on-site renewables, battery storage, and heat pumps can be integrated and managed to intelligently redirect spare capacity to EV chargers when they are active. This holistic approach monitors and optimises a building’s energy use to minimise costs, reduce emissions, and maximise the ROI on the additional low- carbon energy assets.
By optimising what’s available, buildings can accelerate the rollout of chargers to meet unprecedented future demand for EV charging while making signifi cant upfront and operational savings. There is no need to wait for a transformation to our national grid or pay for expensive and slow upgrades to a building’s connection. AI-powered charging management platforms that make the most of a building’s capacity can scale charging installations at lower costs today. Add to this transparent
and fl exible billing, along with easy-to-use apps, and post-installation management becomes incredibly simple.
July 2024 electrical wholesaler | 21
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